Bahrain's state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack ...
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Deep dive: What ‘force majeure’ means and why Gulf countries are invoking it amid West Asia conflict
A legal term usually confined to corporate contracts has suddenly become central to the global energy crisis. As the conflict ...
Qatar halted production of liquefied natural gas after Iranian missile and drone strikes targeted Gulf energy infrastructure.
Qatar’s largest LNG export terminal has not shipped cargo for five days, the longest uninterrupted period since 2008, ...
Force majeure clauses in contracts help companies avoid liabilities from unforeseen events. COVID-19 led many firms to invoke force majeure due to disrupted operations. Investors must consider force ...
In recent years, natural disasters have become increasingly frequent and severe, disrupting industries and communities worldwide. Events such as Hurricane Helene and the extreme weather conditions ...
The pandemic provided a teachable moment regarding the wording of force majeure clauses, to be more relevant to the disruption, damages & timelines. Just because a contract has a force majeure clause ...
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